102 River Ridge Ln
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2023 | No longer available | - | |
| No longer available | |||
| May 22, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | In contract | - | |
| In contract | |||
| Apr 14, 2023 | Listed by Pinon Real Estate Group | $779,000 | |
| Listed by Pinon Real Estate Group | |||
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Brand new single family home in new neighborhood with close proximity to the Arkansas River, located on a large lot. The open floor plan and 9 foot ceilings throughout make for a space full of light in this tastefully built 3 bedroom 3 bath home. Primary bedroom is on the main floor with south facing windows that look on to the Sangre de Cristo Mountains. Primary bedroom has attached bathroom with double vanity sink, granite counter tops, and custom tiled shower. Large walk in closet off the bathroom. The beautiful kitchen has granite counter tops, custom tile, slow close cabinetry, hood, pantry, and stainless steel appliances. There is room to eat at the counter in the kitchen or in the large dining area. Large laundry room on the main level. Main level half bath has a custom tiled wall. Upstairs has 2 bedrooms with a full bathroom in between. Each bedroom has large walk in closets. Detached one car plus garage with 220 accessed from private alley and leads to the sunny backyard. The front yard has been landscaped, but the back awaits your green thumb and creative ideas. Front porch has enough room for you to enjoy a cup of coffee while taking in the views of the Arkansas Hills Open Space. Short drive or easy bike ride to downtown or walk over to the commercial offerings at Two Rivers. Not part of an HOA and no covenants. The manager has listed the unit size as 1632 square feet.
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| Mar 2, 2023 | Listed | $779,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017